crack tax
 n.— «Another segment would update what some refer to as the state’s “crack tax,” changing the state levy for full marijuana plants. The state already requires drug dealers to buy tax stamps similar to those found on cigarettes or legal alcohol. If dealers don’t have the tax stamps to prove they paid the tax—currently $50 per gram of cocaine or $3.50 per gram of marijuana—Revenue Department agents can seize and auction off anything of value the person owns.» —“Both houses to vote on closing tax loophole” by Erik Schelzig in Nashville KnoxNews.com (Knoxville, Tennessee) May 23, 2006. (source: Double-Tongued Dictionary)

Tagged with →